Five major banks to allow homeless people to open bank accounts under new pilot
Submitted 1 week ago by okwithmydecay@leminal.space to unitedkingdom@feddit.uk
https://www.bigissue.com/news/housing/homeless-people-bank-accounts-financial-inclusion/
airgapped@piefed.social 1 week ago
I wasn’t exactly homeless thankfully but lost my account through adresslessness and it took almost 18 months of relying on other people’s bank accounts before I was able to become independent. It becomes a ridiculous catch-22 very quickly, where you can’t get an account because you don’t have documents and you can’t get documents because you don’t have an account.